Reported about 9 hours ago
Shares of Navitas Semiconductor and Symbotic have seen remarkable increases this year, with Navitas soaring 710% and Symbotic rising 234%. Both companies are involved in technologies related to artificial intelligence, but Wall Street predicts steep declines ahead due to potential market downturns and existing financial pressures. Analysts suggest that investors should be cautious, as Navitas's valuation may drop by 62%, while Symbotic might see a 33% decline from its current prices.
Source: YAHOO